SOUNDEXCHANGE INCPub 78
Pub 78
AI Summary
SOUNDEXCHANGE INC is a nonprofit organization dedicated to collecting and distributing royalties for sound recording copyright owners, featured artists, and non-featured artists, with a mission focused on promoting business within the music industry. In the 2024 filing year, the organization operates with a budget of $87.4 million and total revenue of $95.2 million, with a significant funding source from an unidentified benefactor amounting to $5.7 billion, indicating a reliance on a single funder for a substantial portion of its revenue. More information can be found on their website at www.soundexchange.com.
Mission Statement
SOUNDEXCHANGE'S PRIMARY EXEMPT PURPOSE IS TO COLLECT AND DISTRIBUTE ROYALTIES FOR (CONT. ON SCH O) SOUND RECORDING COPYRIGHT OWNERS, FEATURED ARTISTS, AND NON-FEATURED ARTISTS.
Cause Areas
2
Business promotion
Business and industry
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
CORPORATION FOR PUBLIC BROADCASTING
$5.7B
< 1%
Frequently Asked Questions
What is SOUNDEXCHANGE INC’s budget?
In 2024, SOUNDEXCHANGE INC reported an annual operating budget of around $87.4 million. More detailed financial information is available to registered users.
What causes does SOUNDEXCHANGE INC support?
SOUNDEXCHANGE INC supports work in Business promotion and Business and industry.
Where does SOUNDEXCHANGE INC operate?
SOUNDEXCHANGE INC is headquartered in Washington, DC.
Who funded SOUNDEXCHANGE INC recently?
In 2025, SOUNDEXCHANGE INC received grants from CORPORATION FOR PUBLIC BROADCASTING, CORPORATION FOR PUBLIC BROADCASTING, and CORPORATION FOR PUBLIC BROADCASTING. More information on this organization’s funders is available to registered users.
What is the largest grant SOUNDEXCHANGE INC received in 2024?
The largest grant to SOUNDEXCHANGE INC in 2024 exceeds $800 thousand.